JD Vance

speaker
12,584 appearances 421 recordings 72 series first heard Sep 2024 last heard 6d ago

JD Vance’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 390 in all, peaking in Jun 2026 with 161.

Appearances

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Even before that is we can just borrow, right?
basically in an unlimited way because we have the reserve currency.
So that's a massive subsidy to incurring debt.
The debt is cheaper, even in raised interest rate environments.
This is one of the crazy things about what's going on right now is the market is in some ways pricing future interest rates lower than what the Fed is right now.
That's kind of weird.
Yeah.
So we have this massive subsidy to cheap debt for the American consumer.
That's good, right?
Consuming is important, especially food, medicine, things like that.
But I think it's a massive tax on American producers.
That's yeah, that's exactly right.
And by the way, you know, I I'm uh
This is like s maybe super heterodox.
I I am not sure that I think the reserve currency is actually good for the United States of America.
Uh, I think there is a good argument that reserve currency status is akin to coal in Appalachia.
It's a resource curse, right?
It allows your consumers to consume very cheaply, right?
That's been the story of the American economy for the last 15 or so years, uh, even before that, is we can just borrow.
Basically in an unlimited way because we have the reserve.
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